Venezuela bondholders eye authorisation to start debt restructuring talks
January 9 (Reuters) - A key group of Venezuelan bondholders said on Friday they were ready to start debt restructuring talks with the country once authorization for such discussions was granted.
Venezuela's default-hit government bonds have surged this week after the seizure of President Nicolas Maduro by the U.S. fuelled hopes that one of the largest and most complex sovereign debt restructurings can get started.
Current U.S. sanctions prevent the group from engaging with the Venezuelan government without a waiver or special license.
The "Venezuela Creditor Committee stands ready to initiate a negotiated (debt restructuring) process, when authorized," the group, which includes the likes of GMO, Greylock Capital, Fidelity, T Rowe Price, Mangart Capital and Morgan Stanley Investment Management, said in a statement.
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